Illinois General Assembly - Bill Status for HB5962
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 Bill Status of HB5962  96th General Assembly


Short Description:  RIVERBOATS-PRIV/ADMISSION TAX

House Sponsors
Rep. Patrick J. Verschoore

Last Action
DateChamber Action
  1/11/2011HouseSession Sine Die

Statutes Amended In Order of Appearance
230 ILCS 10/12from Ch. 120, par. 2412
230 ILCS 10/13from Ch. 120, par. 2413


Synopsis As Introduced
Amends the Riverboat Gambling Act. For a riverboat in operation on January 1, 2009 that has a capital projects of at least $45,000,000 that are approved by the Board in calendar years 2006 through 2009 or for which at least $45,000,000 in expenditures have been made in calendar years 2006 through 2009, (i) eliminates the admissions tax and (ii) imposes an additional 1% privilege tax, the proceeds of which shall be paid monthly to the unit of local government that is designated as the home dock of the riverboat upon which those riverboat gambling operations are conducted. Effective immediately.

Actions 
DateChamber Action
  2/10/2010HouseFiled with the Clerk by Rep. Patrick J. Verschoore
  2/10/2010HouseFirst Reading
  2/10/2010HouseReferred to Rules Committee
  2/23/2010HouseAssigned to Executive Committee
  3/15/2010HouseRule 19(a) / Re-referred to Rules Committee
  1/11/2011HouseSession Sine Die

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